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IBPC Dubai and Bombay Stock Exchange Establish UAE-India Capital Corridor
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25.05.202525.05.2025Business

IBPC Dubai and Bombay Stock Exchange Establish UAE-India Capital Corridor

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In a significant development for financial collaboration, the Indian Business & Professional Council (IBPC Dubai) hosted Mr. Sundararaman Ramamurthy, Managing Director and CEO of the Bombay Stock Exchange (BSE), for the inaugural UAE-India Capital Connect Series. This event highlights a renewed commitment to enhancing economic ties between the UAE and India. The event attracted a...

ADNOC to Raise $1.5 Billion Through Islamic Bonds
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28.04.202528.04.2025Finance

ADNOC to Raise $1.5 Billion Through Islamic Bonds

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Abu Dhabi’s state oil company, the Abu Dhabi National Oil Company (ADNOC), is set to raise $1.5 billion from its first-ever sale of Islamic bonds, known as sukuk. This information was revealed in a document reviewed by Reuters on Monday. The sukuk will be issued at a rate of 60 basis points above U.S. Treasuries....